The Trump administration has canceled the Biden administration’s rules forcing banks to ignore immigration status for loan applications.

Trump Cancels Biden Rules Forcing Banks to Give Loans to Illegals - Warner Todd Huston

On Monday, the Consumer Financial Protection Bureau and the Justice Department eliminated the Biden guidelines that ordered lenders not to consider immigration status when evaluating loan and credit applications...

• “We are correcting the last administration’s attempt to ignore these well-accepted and common-sense principles of our nation’s fair lending laws,” acting CFPB Director Russell Vought said on Monday...